Last month, venture capitalist Balaji Srinivasan announced the Network School, a three-month learning retreat marketed to people interested in “network nations,” a kind of utopia for the anarchocapitalist set. The inaugural class is 150 people. It starts today. Details about the school have been shrouded in secrecy, even for the …
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OpenAI CEO Sam Altman’s decade-in-the-making effort to understand how handing out free money affects recipients and the broader economy delivered its first big results Monday. OpenResearch found that when it gave some of the poorest Americans $1,000 a month for three years with no strings attached, they put much of …
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What potential national disaster—one that threatens to destroy the United States—keeps you awake at night? For some it might be the climate crisis, as record heat and storms show us that the clock is approaching midnight on saving the Earth. Others are distressed by the precarious state of our democracy. …
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Drones have changed war. Small, cheap, and deadly robots buzz in the skies high above the world’s battlefields, taking pictures and dropping explosives. They’re hard to counter. ZeroMark, a defense startup based in the United States, thinks it has a solution. It wants to turn the rifles of frontline soldiers …
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Adam Neumann’s bid to buy back WeWork essentially ended this week. A bankruptcy court on Monday approved a deal that gets WeWork out of debt. It could conclude its restructuring and leave bankruptcy by late May following a vote on the deal, thanks to $450 million in financing provided largely …
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Marina Hadjipateras, the dashing American venture capitalist, has only one word of derision. She speaks it softly and rarely. Conservative. A family can be conservative. An investment, a choice. The way she uses the word, it’s never political. It’s also never a good thing. The first time I hear Marina …
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A survey of headlines from the past couple of years in the cryptocurrency industry might lead anyone to believe that it is a deeply unserious business. Hackers made off with billions of dollars, and scammers billions more. Regulators sued some of the largest crypto exchanges. High-profile businesses fell into bankruptcy. …
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“It might be the best time for any kind of business in any industry to raise money for all of history, like since the time of the ancient Egyptians,” an excitable Stuart Butterfield, CEO of Slack, told Farhad Manjoo in The New York Times in 2015. This was no exaggeration. …
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many times a year, as if on a hidden schedule, some tech person, often venture-capital-adjacent, types out a thought on social media like “The only thing liberal arts majors are good for is scrubbing floors while I punch them” and hits Send. Then the poetry people respond—often a little late, …
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Popular vegan egg and lab-grown-meat company Eat Just is in deep financial trouble. A WIRED investigation bringing together court records, documents, and interviews from former employees suggests that the company frequently struggled with paying its suppliers on time. Now it is being sued by a former partner for roughly $100 …
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